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4692 Crater Lake Ave
Medford, OR 97504
Land For Sale · 12.72 AC

Executive Summary

Development has begun on this exceptional 12-acre development opportunity featuring approved commercial and apartment zoning within an Opportunity Zone. Design your custom apartment complex with the potential for approximately 300 residential units, ideally situated on the outskirts of Medford. This strategic location offers immediate tax advantages alongside strong long-term growth potential in an increasingly desirable market. Positioned within an established commercial zone and supported by an additional 180 acres of future development, the site presents outstanding possibilities--including long-term plans for a potential regional mall. Invest in scale, vision, and lasting value in a high-growth corridor primed for expansion.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 12.72 AC
Opportunity Zone Yes
Zoning EFU - Exclusive Farm Use

1 Lot Available

Lot

Price $4,500,000
Price Per AC $353,773.58
Lot Size 12.72 AC

Property Taxes

Property Taxes

Parcel Number
10460464
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$505,231
  • Listing ID: 41549762

  • Date on Market: 8/4/2026

  • Last Updated:

  • Address: 4692 Crater Lake Ave, Medford, OR 97504

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